Last updated: Wednesday, 10 March 2010

Business News

Insurers pay the cost for natural disasters

Swiss Re, one of the world’s leading insurers, says that the Chilean earthquake could cost insurers in the region of $4 - $7 billion as the full effect of the disaster takes its financial toll.

Royal Mail strikes a deal with union

The Royal Mail and CWU have finally settled on an agreement over pay and conditions for thousands of Royal Mail staff which resulted in weeks of strike action in 2009.

Sir Edward Elgar £20 notes withdrawn

Banknotes to the value of £20 carrying the image of Sir Edward Elgar will be withdrawn from circulation on 30 June 2010, and will be fully replaced with the £20 note bearing the portrait of Adam Smith.

Free online business advice with Business GP™

A new “Business GP” service has been launched in the UK, offering business support to entrepreneurs and SMEs, including free online advice between 12pm and 1pm every day.

June launch for Sony’s 3D TVs

Sony has announced plans for a June launch of its 3D televisions, in what some reports are calling a 3D consumer electronics battle as Samsung and Panasonic also vie for the title with their product launches.

OTHER TOP NEWS

Environment Agency reveals hydropower hotspots

Microsoft browser-choice technology not clear

Women’s talent still not recognised in business

Increase in male school teachers

Contactless card limit increased to £15

Real Madrid tops list of revenue-rich football clubs

Over half of UK workers don’t expect pay rise

Middle East tourism shows resilience

2009-10 winter weather – UK coldest in 30 years

UK business say no to NI hike in 2010 Budget

Portsmouth FC enters administration